J64 Unemployment: Models, Duration, Incidence, and Job Search

Unemployment and inflation in Western Europe: solution by the boundary element method

JEL code(s)	J21 Labor Force and Employment, Size, and Structure J64 Unemployment: Models, Duration, Incidence, and Job Search
Keywords	boundary integral method, inflation, labor force, prediction, unemployment, Western Europe
Authors:	Ivan Kitov
Date published:	June 1, 2009
Abstract:	Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in Austria, Italy, the Netherlands, Sweden, Switzerland, and the United States as a function of inflation and the change in labor force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for Austria, Canada, France, Germany, Japan, and the United States.
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